The development of mobile applications is on the rise, and the scholarship fund will help STEM students improve their technological skills.

“One is for college students to promote and reward academic excellence in any of the math, sciences, engineering, and healthcare fields of study," said Rino Nori, the scholarships' program designer. "The other is for graduating high school seniors to reward those who attained academic excellence.”

Cognizant has also awarded 33 grants for non-profit after school and summer programs in 22 states to encourage interest in STEM fields.

“As a leading global provider of information technology, consulting, and business process services, we are acutely aware of the need for STEM talent to drive America’s innovation economy,” said Gordon Coburn, President of Cognizant. “It is imperative to address America’s talent gap in STEM fields and prepare the country’s youth for an increasing number of STEM job opportunities in the future.”

The non-profits that were selected will receive over 300,000 hours of high quality STEM education over a broad range of topics, including electronics, robotics, computer programming, digital fabrication, 3D printing, and wearable technology.

“We hope to inspire the next generation of America’s technology leaders and entrepreneurs by supporting STEM education programs across the country,” said Coburn.